Share rates effective
December 31, 2008
Share certificate rates effective January 6, 2009
Rates are subject to change
Share and Certificate Products
|
Product |
Rate |
APY * |
|
Share Account ($20 Minimum) |
.399% |
.40% |
|
6 Month Certificate ($500 Minimum) |
1.739% |
1.75% |
|
12 Month Certificate ($500 Minimum) |
2.231% |
2.25% |
|
30 Month Certificate ($500 Minimum) |
2.722% |
2.75% |
Money Market
|
Amount |
Rate |
APY * |
|
$2,000 Minimum |
1.492% |
1.50% |
Checking (Share Draft)
|
Product |
Rate |
APY * |
|
Free Checking |
0.00% |
0.00% |
IRA Accounts
|
Product |
Rate |
APY * |
|
IRA Share Savings |
.399% |
.40% |
|
IRA 18 Mo Certificate ($500 Minimum) |
2.722% |
2.75% |
* Annual Percentage Yield
Interest Computation for Savings Accounts
Share Dividends are calculated using the average daily balance method. This method applies a periodic rate to the average daily balance in the account each month. Dividends are credited and compounded quarterly.
Interest Computation for Savings Accounts
Share Dividends are calculated using the average daily balance method. This method applies a periodic rate to the average daily balance in the account each month. Dividends are credited and compounded quarterly.
Your actual dividends/earning on your account may be reduced by service fees.
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